Accounting and IT Dealers




Processing Customer and Supplier Journals

Posted on | 2009-03-20

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In Cubit you can not process a journal directly against the Customer Control Account or the Supplier Control Account. You can only process a journal against a specific customer account or supplier account in the control account.

To process a Customer journal click Debtors>View Customers> Transaction. The following details will display on the screen:
Date: select the date on which you want to process the journal on.
Reference Number: you can use the system generated number that is displayed in the field or fill in a number of your choice.
Entry Type: select if the journal entry is a Debit or Credit entry.
Contra Account: select the contra account for the transaction from the drop down.
Charge VAT: select yes if the transaction involves VAT and no if there is no VAT involved.
On completion click Enter Details.
The next screen will display the accounts that are involved in the transaction clearly showing which account is being debited and which is being credited. Fill in the following fields:
Amount: fill in the amount that you are processing the journal for.
Transaction Details: Add a description of the journal. This description will display on your customer's statement.
On completion click Confirm and then Write.

To process a Supplier journal click Creditors>View Supplier>Transaction. The same screen as the Debtor's journal will display. Complete all the fields. On completion click Confirm and then write.

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